Portfolio

Portfolio

As of September 30, 2023

Portfolio Snapshot
Total Investment1 $1.3B
Number of Investments1 59
Number of Properties1 202
Geographical Location 18 U.S. States
Proceeds Raised $2.0B

Investment Type Number of Investments1 Number of Properties1 Amount1
Equity | Direct Investments 56 56 $ 1.2B
Equity | Unconsolidated Investments 32 146 $128.0MM

Investment Type: Equity | Direct Investments

Number of Investments: 56
Number of Properties: 56
Amount $ 1.2B

 

Investment Type: Equity | Unconsolidated Investments

Number of Investments: 32
Number of Properties: 146
Amount $128.0MM

 
EQUITY PORTFOLIO1,3

Facility Type

Geographic Location

Equity | Direct Investments
Investment # of Properties1DateFacility
Type3
LocationAmount1

Equity | Direct Investments

Winterfell 32May 2015/
Mar 2016
ILF12 States$737.1MM
Rochester4 10Aug 2017ILF
ALF
Rochester, NY$149.2MM
Arbors 4Sep 2014ALFLong Island, NY$103.9MM
Avamere 5Feb 2017ILF
ALF
Oregon & Washington$94.2MM
Aqua4 4VariousILF
ALF
MCF
Texas & Ohio$83.7MM
Oak Cottage 1Feb 2017MCFSanta Barbara, CA$18.7MM
Equity | Unconsolidated Investments
Investment Joint Venture Partner(s)# of
Properties1
DateFacility
Type 3
LocationOwnershipAmount1

Equity | Unconsolidated Investments

Trilogy5 American Healthcare REIT, Inc.123Dec 2015Integrated Senior Health Campuses4 States23.4%$124.7MM
Espresso Formation Capital & Safanad23Jul 2015Integrated Senior Health Campuses, ALFOhio & Michigan36.7%$3.1MM

ALF: Assisted Living | ILF: Independent Living | MCF: Memory Care | Integrated Senior Health Campus: Integrated Campus

Pinebrook | Milford, OH
Oak Cottage | Santa Barbara, CA
Winterfell | South Colleyvine Ranch | Grapevine, TX

NorthStar Healthcare owns the properties pictured. 1) For direct investments, amount represents operating real estate, before accumulated depreciation as presented in our consolidated financial statements as of September 30, 2023. For unconsolidated investments, amount represents the carrying value of our investments in unconsolidated ventures as presented in our consolidated financial statements as of September 30, 2023. 2) Includes investment in Solstice Senior Living, LLC, or Solstice. 3) Classification based on predominant type of services provided at each property, but may include other services. 4) Owned jointly by NorthStar Healthcare and Freshwater for 97% and 3% interests, respectively. 5) Property count includes properties owned and leased by the joint venture and excludes its institutional pharmacy and therapy businesses.